The Board of Commissioners of the Town of Ocean Isle Beach hereby gives notice that it intends to consider authorizing the lease of the following town-owned property located in the Town of Ocean Isle Beach:

East End Water Tower – Cell Antenna Space – 52 East Second Street

The Town intends to lease the property to New Cingular Wireless PCS, LLC for a term of five (5) years with an option to renew for one (1) additional five (5) year term. In consideration of the lease, New Cingular Wireless PCS, LLC will pay ($3,359.79) per month, and rent shall be increased three percent (3.00%) annually over the rent paid during the previous year.

All persons interested in this lease are invited to attend the meeting of the Town of Ocean Isle Beach Board of Commissioners to be held in the Betty Williamson Meeting Hall, 3 W. Third Street, Ocean Isle Beach, NC, at 9:00 am on July 11, 2017. At that time the board intends to consider authorizing the lease of the property described above.